Magnús became the Icelandic men's Individual campion when he started compting in aerobics in 1992 and has gone on to win 1st place in Iceland 4 times. In 1993 he was Scandivian champion, took 3rd place at the Suzuki World Cup and also came 3rd in the Taejon Expo in Korea. In 1994 he was European champin, was in 2nd plase at the Suzuki World Cup and won the international competition in Seoul, Korea. In February 1995 he won the European championship for the second time.

Magnús has not only trained Aerobic. He has got 70 award for race mainly for 1500 and 5000 meters. Once when he was a kid he also practiced basketball, handball, and athletic. He is interested in all kind of sports but tennis is his favorite. Magnús was chosen the sportsman of the Year 1994 in Iceland.

Magnús also gives lectures and demonstrations in Aerobics all over the country and gives lectures about good healt and sports for children in schools. He has also written a book for children and teenagers. Magnús is married to Ragnheiður Melsted.

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